The Gross Margin Level Of Textile And Garment Industry Was Basically Stable In 2015.

In the first half of 2015, the total scale of accounts receivable of textile and apparel industry was 13 billion 387 million yuan, an increase of 11.52% over the same period, and the net growth of cash flow was steady. Leading enterprises should upgrade and upgrade their competitiveness on the basis of doing well their main businesses.

Industry as a whole: the main business has a steady growth in profitability and a rebound in profitability.

　　 Textile and garment sector The medium term financial reports of listed companies have been disclosed for the past 15 years. On the whole, the overall business environment of the industry is not optimistic due to the rising labor costs, the long term appreciation of RMB and the competition of low-priced products such as Vietnam and Bangladesh. In addition, cotton The overall gross profit margin of the industry is basically stable under the background of continuous downward price of raw materials, mechanized driving efficiency and continuous improvement of product mix.

The main growth rate is steady, the growth rate of men's sub industry is in the front.

In the first half of 15 years, the textile and apparel industry achieved a total of 52 billion 749 million yuan, an increase of 8.33% over the previous year, including two yuan in the two quarter, an increase of 5.19% over the same period last year. The overall performance of men's clothing industry is more prominent, and the main growth rate is the first place in all sub sectors.

The gross margin level is basically stable, and the sales cost rate remains high.

In the first half of 15 years, the gross profit margin of the textile and garment industry was 37.37%, up 0.61 percentage points over the same period, and the gross profit margin in the two quarter was 37.37%, up 0.92 percentage points over the same period. The gross margin level of the industry has basically been stable since the remarkable improvement in the fourth quarter of 14. Meanwhile, the rate of sales expenses remained at a relatively high level.

　　 Profitability continues to recover, sub industry performance differentiation is obvious

First half of 15 years Textile and garment industry The net profit of shareholders belonging to the listed company was 6 billion 65 million yuan, up 6.32% over the same period, including 3 billion 82 million yuan in the two quarter, an increase of 6.94% over the same period last year. The main business revenue of the industry as a whole has remained steady, and the performance of each sub industry has been greatly differentiated. The overall profitability of the industry has been continuously restored, thanks to the obvious improvement in the profitability of men's wear, home textiles and footwear industry.

Accounts receivable and inventories have increased, and cash flow growth has been steady.

In the first half of 15 years, the total accounts receivable of the textile and garment industry reached 13 billion 387 million yuan, up 11.52% from the same period last year, mainly due to the expansion of the scale of the same period of revenue and the support from the listed companies to the downstream customers. Meanwhile, the total inventory size of the whole industry was 33 billion 46 million yuan, up 12.45% from the same period last year, and most of the sub industry inventory levels showed different degrees of improvement compared with the same period last year. Net cash flow growth is steady.

Maintain the industry's "optimistic" rating

Chinese brand clothing has entered the buyer's market, and most of the brand clothing enterprises can not adapt to the current buyer's market competition environment in line with the seller's market management mode, and the competition of brand clothing enterprises is more and more intense. The competition of international brands and the diversion of e-commerce channels have intensified the competition among various sub sectors of brand clothing, and the competitive advantages of leading enterprises have become more and more obvious, and the market share has gradually expanded. In addition, leading enterprises, on the basis of doing their main business, will graft new economies, upgrade and upgrade their competitiveness.